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November 13, 2002 | 1526 IST
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Wipro considering opening hub outside India

Dharam Shourie in New York

Software giant Wipro is mulling opening another hub outside India, and places, which are being considered for the purpose include Vietnam and Philippines.

This was stated by Wipro's Chairman, Azim Premji, during an informal luncheon meeting with journalists and academics on Tuesday.

Replying to a question, Premji indicated that Wipro might also go in for more acquisitions. However he did not elaborate.

He said the computer firms in India have restarted hiring, and those seeking jobs would find greater opportunities now.

On Wipro's recruitment policy, he said "to be a truly global does not mean getting business from all over the world. But it means that the company should recruit locally. Wipro would like to have local managers also."

Premji said India has a bright future in the field of computer software, as it is a cost and technology-effective country.

"It is not only the big companies which have earned India a name in this field. There are several smaller companies, which are doing excellent job, producing quality software and providing quality service to clients," he said.

The computer professionals are getting so many opportunities in the country that they do not go out to other states just for jobs, he said, citing the recent recruitment by the German government, which had the target of recruiting 20,000 professionals but could get only 1,300.

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